MAP Rewarder: Distributed Rewards for 19 August 2018 (APR 17.1%)

This week's distributed profits are 0.328%, equivalent to an APR of 17.1%.

Compare this with the bidbots listed on iSteemd and you will see that MAP Rewarder is doing well and in the top three - with reward payouts currently running at about just 16.7%, it takes some effort to get much above this. Also, I may have to check the numbers myself as some of them do not appear to change very often.

The values below that relate to the Steem blockchain are now given as 7-day averages to give a fairer picture of what has happened during the whole week.

Let's lay out the different percentages to make them clearer. These are all calculated in terms of STEEM per SP.

[1] Gross turnover generated for the week.
[2] Gross income minus the random free upvotes, SBI shares given to delegators and MAP upvotes.
[3] Theoretical maximum value of Steemit upvotes, assuming 10 full upvotes at 100% power for 7 days, averaged over 7 days and expressed as an APR.
[4] Theoretical value of Steemit upvote rewards, assuming 25% curation rewards, 50-50 split of post payouts and SBD print rate, averaged over 7 days and expressed as an APR.
[5] MAP Rewarder distributed payout sent to delegators this week; this is 85% of [2].
[6] Total payouts for the week, equal to {[5] + [1] - [2]}.

Note that MAP Rewarder is able to generate income at about the same level as the theoretical maximum for pure upvotes - that is, [1] is almost the same as [3]. This includes upvotes to quality content curators and MAP Rewarder delegators.

Note that this week our total value of payouts and upvotes is slightly lower than the theoretical maximum for pure upvotes - that is, [6] is slightly lower than [3]. This is likely to remain true until the value and print rate of SBD increase again.

From last week onwards, the values of [3] and [4], which come from the blockchain, shall be 7-day averages to give a better representation of the whole week's earnings.

I hope this will stimulate some further delegations and will help some users make a significant return on their SP. But please remember that the first distributed profits will be received on the first Sunday after 7 day from the time of delegation - the cut-off is midday GMT on Sundays.

How to Delegate to MAP Rewarder

If you do not have spare SP to delegate, then you can still follow our Curation Trail or Fanbase on SteemAuto (or follow us on Steem Voter), and gain some higher-than-average curation rewards.

News

I have changed the layout of our numerical data; I hope the different numbers are slightly clearer!

Much of what I used to write here in the News section can now be read at the top of the article as addenda to the table.

All our percentages are calculated like-for-like based on STEEM so that these are real returns in STEEM per delegated SP (which is also priced in STEEM).

A reminder that we have two missions: to be profitable to delegators and to support our MAP Curator Trail and thereby improve the quality of posts on Steemit. The @accelerator account, ignoring the delegated SP, is growing slowly but steadily and forms the basis of our upvotes to curators who are in the MAP Trail.

Important News

I have mentioned for a few weeks that crypto prices were bouncing at a support level and we have now broken through it! I do not see any strong technical support below this and the market appears to be largely tracking the BTC price.

As mentioned in this article, with the SBD Print Rate currently at 0% and STEEM price falling, we may be in essentially a STEEM-based ecosystem in the near future. This is actually good for curators as their curation reward payouts are at 25% of the author rewards; they are usually somewhat lower than this due to the effects of SBD rewards.

The blockchain rewards payouts have slightly increased from 16.5% to 16.7%. This may be due to a slight decrease in activity as more Vests are available per upvote.